We may finally be adjusting to the fact that it isn't reasonable for the average household to be paying someone else to make their food most days.
McDonalds is still going to exist and be cheap enough to eat at a lot.
Hole in the walls, with relatively cheap rents and family owned with takeout and streamlined overhead will also still exist.
The same reason everything is more expensive in the US; overhead and wages. The economics of running a family restaurant in a building you've owned for generations is completely different than that of a corporate fast casual place that pays wages and rent.